Techno Mathematical CoTSE:3787 -1.28%46 Altman Z-Score is 3.05 as of Jul. 03, 2026, which is 76% below its 10-year median of 12.75. GuruFocus rates TSE:3787 with a GF Score™ of 46/100 and a GF Value™ of 円775.57 (Significantly Undervalued). Among 2,766 Software companies, Techno Mathematical Co ranks worse than 50.11% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 3.05 is strong.
Techno Mathematical Co has a Altman Z-Score of 3.05, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Techno Mathematical Co's Altman Z-Score or its related term are showing as below:
TSE:3787'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.05 Med: 12.75 Max: 20.72
Current: 3.05
During the past 13 years, Techno Mathematical Co's highest Altman Z-Score was 20.72. The lowest was 3.05. And the median was 12.75.
Techno Mathematical Co (TSE:3787) Altman Z-Score Explanation
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Techno Mathematical Co Altman Z-Score Related Terms
Techno Mathematical Co Altman Z-Score Historical Data
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The historical data trend for Techno Mathematical Co's Altman Z-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSE:3787 vs UBER, SHOP, CRM: Altman Z-Score Comparison
For the Software - Application subindustry, Techno Mathematical Co's Altman Z-Score, along with its competitors' market caps and Altman Z-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Techno Mathematical Co Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Techno Mathematical Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Techno Mathematical Co's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Techno Mathematical Co (TSE:3787) has a Altman Z-Score of 3.05 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Techno Mathematical Co and its competitors. This is 76% below median its historical median of 12.75. Over the past decade, Techno Mathematical Co's Altman Z-Score has ranged from 3.05 to 20.72. According to the industry distribution chart, Techno Mathematical Co ranks #1386 out of 2766 companies in the Software industry, placing it in the top 50.1%.
Is Techno Mathematical Co's Altman Z-Score too high?
Techno Mathematical Co's current Altman Z-Score of 3.05 is 76% below median its 10-year median of 12.75. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 20.72. The Software industry median Altman Z-Score is 3.11. Techno Mathematical Co's value of 3.05 is 1.9% below this industry median. Based on the distribution chart, Techno Mathematical Co ranks #1386 out of 2766 companies in the Software industry, which is below the industry midpoint. Overall, Techno Mathematical Co has a GF Score™ of 46/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Techno Mathematical Co's Altman Z-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Techno Mathematical Co ranks #1386 out of 2766 companies for Altman Z-Score. This places Techno Mathematical Co in the lower half of its industry. The industry median Altman Z-Score is 3.11. Techno Mathematical Co's value of 3.05 is 1.9% below this benchmark. Historically, Techno Mathematical Co's own Altman Z-Score has ranged from 3.05 to 20.72 over the past decade. While the company's 10-year median is 12.75 vs. the industry median of 3.11, Techno Mathematical Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for a Software company?
The median Altman Z-Score among Software companies is 3.11, based on 2,766 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Techno Mathematical Co's current Altman Z-Score of 3.05 is 1.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Techno Mathematical Co and its competitors. For the Software industry, the median Altman Z-Score is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Mathematical Co's current Altman Z-Score is 3.05, which is 76% below median its own 10-year median of 12.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Mathematical Co stock overvalued right now?
Based on GuruFocus' analysis, Techno Mathematical Co (TSE:3787) is currently considered Significantly Undervalued. The stock's GF Value™ is 円775.57, compared to a current price of 円309.00 — trading 60.2% below its estimated fair value. The current Altman Z-Score is 3.05, which is 76% below median its 10-year median of 12.75 and 1.9% below the Software industry median of 3.11. Techno Mathematical Co's overall GF Score™ is 46/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Techno Mathematical Co (TSE:3787), the current Altman Z-Score is 3.05 as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Techno Mathematical Co (TSE:3787) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Mathematical Co stock appears to be undervalued.
The current stock price of 円309.00 is trading 60.2% below its estimated GF Value™ of 円775.57.
GuruFocus considers Techno Mathematical Co to be Significantly Undervalued.
Key valuation signals for TSE:3787:
Altman Z-Score: 3.05 (76% below median its 10-year median of 12.75)
GF Value™: 円775.57 vs. price of 円309.00 (60.2% below fair value)
Industry Position: 1.9% below the Software median (#1386 of 2766)
No single metric tells the full story. See the TSE:3787 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Mathematical Co Ltd is a Japan-based company engaged in the development and sale of software and hardware related products. The company provides various kinds of machines to make images, audio, and voice-related software intellectual property development. It offers varieties of products and services, of apparatus, noise reduction, still pictures, one-seg, multimedia broadcasting, window media, low latency and others.
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